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Stock impact report

Inuvo Announces Termination of Agreement and Plan of Merger with ConversionPoint Technologies Inc.

Inuvo, Inc. (INUV) 
NASDAQ:AMEX Investor Relations: investor.inuvo.com
Company Research Source: GlobeNewswire
LITTLE ROCK, Ark., June 21, 2019 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence that serves brands and agencies, today announced that it has mutually agreed with ConversionPoint Technologies Inc. to terminate the previously announced agreement under which ConversionPoint was to acquire Inuvo. Rich Howe, Inuvo’s Chairman / CEO, commented, “With the termination of the agreement, we will immediately refocus resources away from integration planning to new opportunities that maximize the growth potential of the IntentKeyTM, while maintaining important ValidClick revenue streams.  The IntentKeyTM Data Platform is a transformational artificial intelligence-based technology capable of identifying audiences with an unmatched precision. The documented performance has been outstanding. The proliferation of the IntentKeyTM is our number one priority.” As part of the termination agreement, the $2.8 million b Show less Read more
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